The Information Officer, Universal Basic Education Commission, Helen Okoro on Thursday revealed that the World Bank will be granting Nigeria $500 million to fund basic education in five states for five years
In a statement in Abuja, Okoro said the Head, World Bank International Reconstruction and Development team, Dr. Olatunde Adekola revealed the information.
She said Adekola explained that the five beneficiary states include Kano, Kaduna, Jigawa, Sokoto and Katsina states.
“Five hundred million dollars has been set aside as Global Partnership for Education/ Nigerian Partnership for Education Project to fund education in the five beneficiary states of Jigawa, Kano, Kaduna, Katsina and Sokoto,” Okoro said.
Okoro also revealed that the World Bank team is impressed with the Federal Government NIPEP project.
She further said the World Bank was ready to grant the Federal Government’s request for $2.5 billion to finance the budget, if certain conditions are met.